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A delicate balance for biodiesel mandate
Malaysia's palm oil stocks seen to drop further to 2.24mil tonnes in April
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
Supply tightening boosts value for Malaysian palm oil
Malaysia to Boost Tax Free Palm Oil Quota By 2 Mln T -Govt Sources
31/07/2012 (Reuters) - Malaysia will increase shipping quotas for tax free crude palm oil by up to 2 million tonnes this year to help planters cope with higher output in the next few months, government sources said, as the world's No.2 supplier struggles to maintain its export momentum.
Refiners Upset Over Move to Boost Tax-free CPO Exports
31/07/2012 (Business Times) - The government will increase the duty-free quota for crude palm oil (CPO) exports by another two million tonnes, a move which is widely frowned upon by palm oil downstream players.
Delivery Deadline Extended to 2013 For \'First Car\"
31/07/2012 (The Nation) - The Cabinet yesterday approved the Finance Ministry's request to extend the deadline of car delivery under the government's policy for first-time car buyers to March next year. However, all first-time car buyers need to submit the required documents to the Excise Tax Department by the end of December. The buyers will also enjoy a tax refund if they hang on to the car for at least a year.
Players: Palm Oil Price Will Remain Strong
30/07/2012 (The Star) - Local plantation players say crude palm oil (CPO) is still fundamentally strong with the average price this year expected in the range of RM2,800 to RM3,000 per tonne.
Thailand to Import 30,000 Tons of Palm Oil By August
30/07/2012 (Pattaya Mail) - The National Palm Oil Policy Committee has resolved to green light the import of more palm oil by next month.
Saviours of the Millers
30/07/2012 (The Star) - South-East Asia's palm oil, energy, construction, and automotive industries are playing a key role in cushioning the impact of the global slowdown on local manufacturing companies.
Weekly Crude Palm Oil Report July 29 2012
30/07/2012 (Borneo Post) - Crude palm oil futures (FCPO) on Bursa Malaysia Derivatives plunged this week due to the forecast of improved weather condition in US and the resurfacing of the eurozone debt crisis.
Vegetable Oil Shortage Looms in 4 Years
30/07/2012 (The Philippine Star) - During the launching of the Food Staple Sufficiency Program (FSSP) at the World Trade Center in Pasay City last July 5, President Aquino took pride in the accomplishments of his administration towards national rice self-sufficiency.
Tanzania: Malima Pledges More Palm Oil Production
30/07/2012 (AllAfrica.com) - Deputy Minister for Agriculture, Food and Cooperatives, Mr Adam Malima, has said plans are afoot to increase production of palm and sunflower oil locally in a bid to reduce importation of edible oil.
